Ghost of V

There are very, very few actual "hitmen" because the scenario usually runs like this: Two fat wankers meet in jail. Fat wankers leave jail. One fat wanker thinks his wife has been cheating. Asks the other fat wanker to kill her. He does. Two fat wankers go back to jail. The end.

Until I see an actual new story where a hitman has been paid by bitcoin (and they must have recieved a fair few payments now) then imma call grade A bullshit.

The "founder" of the Silk Road has been charged with paying a hitmen to murder someone through the deepweb. This information is available all over the internet. However, they are arguing that no murder was actually committed (the founder apparently did this a few other times), which gives credence to them all being trolls.

The way I understood it is that Newegg actually gets cash, guaranteed from a third party that takes bitcoin.

This is how most businesses take it, via Bitpay or Coinbase. The only large company I know of that keeps some of the coins is Overstock, whose CEO has already proclaimed he plans on expanding the Bitcoin economy considerably.

Ultimately it is irrelevant whether they treat Bitcoin as a payment system or a currency, it is better at both than any other legacy system.

From the point of view of the retailer they cant price things in bitcoin because its price is highly volatile.

As long as there is an exchange rate the price of bitcoins is irrelevant. Furthermore, price fluctuations are due to the market being small. Since bitcoin is better than any current system, the market will become exponentially bigger and the fluctuations will drop to that of USD (around 1-3%).

From the point of view of the retailer they cant price things in bitcoin because its price is highly volatile.

As long as there is an exchange rate the price of bitcoins is irrelevant. Furthermore, price fluctuations are due to the market being small. Since bitcoin is better than any current system, the market will become exponentially bigger and the fluctuations will drop to that of USD (around 1-3%).